Reuters reported exclusively that Amazon.com Inc has said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront the prospect of declining sales during the coronavirus pandemic. Reuters also broke the news that Amazon is offering higher pay to recruit its own warehouse employees to pick and pack Whole Foods groceries amid rising demand and a worker shortage. The move, known as labor sharing, highlights how the e-commerce giant is reallocating some of its vast workforce to handle a spike in online sales of groceries.
Reuters exclusively reports Amazon’s coronavirus response
25 March 2020, 12:00 am 1 minute
Article Tags
Type: Reuters Best
Sectors: Equities
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop